Neocloud stocks fall as Elon Musk says more than 200 of them face 'guppy-level death'

Source: cnbc October 26, 2026 · 02:04
Neocloud stocks fall as Elon Musk says more than 200 of them face 'guppy-level death'
Photo by Markus Winkler · Pexels
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Investors are already questioning the debt-fueled expansion of neoclouds and whether the large AI infrastructure build-out will generate long-term returns.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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